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International Business Times
International Business Times
Business
Marvie Basilan

Spot Ether ETFs Could Rake In Up To $4.8B In First 5 Months: Analysts

Ether ETFs are just waiting for a decision from the SEC on the approval of issuers' S-1 filings before they start trading. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

  • K33 analysts said Tuesday that spot Ether ETFs may snap up over 1 million ETH in the first 5 months
  • JPMorgan analysts previously projected that spot ETH ETFs will lodge 'modest' inflows
  • The funds will begin trading after the SEC approves the S-1 filings of issuers

The cryptocurrency industry is awaiting the U.S. Securities and Exchange Commission's (SEC) decision on when spot Ether (ETH) exchange-traded funds (ETFs) will start trading, but as early as now, some analysts are already optimistic about the funds' performance, including experts at digital assets analytics firm K33 Research.

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